Quick update on BTC. Chart says it all:
We broke 6180 resistance and firmly closed above. Now it paints another Bullish Flag with target at $6500 and we also have an Inverse H&S with the target right at the key resistance level - 6800.
//This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
We broke 6180 resistance and firmly closed above. Now it paints another Bullish Flag with target at $6500 and we also have an Inverse H&S with the target right at the key resistance level - 6800.
//This information is not a recommendation to buy or sell. It is to be used for educational purposes only//
Comment:
We need to close the daily bar over the recent high, or we can expect another brief drop, likely to make a double bottom.
Trade closed: target reached